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"According to the "compensation theory", market forces should assure a complete compensation of the initial labour …
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skills. In particular, the prescriptions by the conventional trade theory will be contrasted with a view taking into account …
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This paper presents a non-technical overview of the recent investment literature with a special emphasis on the connection between technological progress and the investment decision. First of all, we acknowledge that some dramatic advances have been made in the 1990s in understanding and...
Persistent link: https://www.econbiz.de/10012038731
Persistently high unemployment, tight government budgets and the growing scepticism regarding the effects of active labour market policies (ALMP) are the basis for a growing interest in evaluating these measures. This paper intends to explain the need for evaluation on the micro- and...
Persistent link: https://www.econbiz.de/10011339682
This paper investigates the presence of explicit labour-saving heuristics within robotic patents. It analyses innovative actors engaged in robotic technology and their economic environment (identity, location, industry), and identifies the technological fields particularly exposed to...
Persistent link: https://www.econbiz.de/10012171172
Becker's theory of human capital predicts that minimum wages should reduce training investments for affected workers …
Persistent link: https://www.econbiz.de/10011404043